HIGHLIGHTS OF THE ECONOMIC SURVEY 2021-22
India to witness GDP growth of 8.0-8.5 percent in 2022-23, supported by widespread vaccine coverage, gains from supply-side reforms and easing of regulations, robust export growth, and availability of fiscal space to ramp up capital spending.
The Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman tabled the Economic Survey 2021-22 in Parliament today, which states that the year ahead is well poised for a pick-up in private sector investment with the financial system in a good position to provide support to the revival of the economy. The growth projection for 2022-23 is based on the assumption that there will be no further debilitating pandemic related economic disruption, monsoon will be normal, withdrawal of global liquidity by major central banks will be broadly orderly, oil prices will be in the range of US$70-$75/bbl, and global supply chain disruptions will steadily ease over the course of the year. Keep checking www.wingofeducation.com regularly to get the latest updates.
The Survey says the above projection is comparable with the World Bank’s and Asian Development Bank’s latest forecasts of real GDP growth of 8.7 percent and 7.5 percent respectively for 2022-23. As per the IMF’s latest World Economic Outlook (WEO) growth projections released on 25th January 2022, India’s real GDP is projected to grow at 9 percent in both 2021-22 and 2022-23 and at 7.1 percent in 2023-24. This projects India as the fastest-growing major economy in the world in all these three years. Keep checking www.wingofeducation.com regularly to get the latest updates.
Economic Survey 2021-22 Highlights
|
Economic
Survey: 2021-2022 |
|
|
Economic Survey: 2021-2022
PDF Download (Gujarati) |
|
|
Economic Survey: 2021-2022
PDF Download (Hindi) |
|
|
Economic Survey: 2021-2022
PDF Download (English) |
|
